Red Metals, a next-generation copper manufacturer, today announced $10 million in Seed funding and plans to build a $70 million facility in Charleston, South Carolina, expected to create at least 45 jobs in its initial phase of operations. The company has developed a novel copper refining process designed to reshore the manufacturing of finished copper products to the United States. The funding round was led by Gigascale [...]
Basin Energy Limited announced assay results from the first 3 of 8 drillholes in the maiden reverse circulation drilling completed at the Newmans Prospect, part of the Company's Sybella-Barkly Rare Earth Project in northwest Queensland. The results support a revised preserved weathering target model and provide clear direction for the next phase of exploration. Key Highlights - SBRC26003 returned 18 m @ 401 ppm NdPr oxide [...]
Doray Minerals provided results from the ongoing drill programme at its Andy Well project in Western Australia. Drilling has confirmed that the high grade mineralisation within the Wilber Lode continues at depth to at least 200m and is also open along strike to the north. Best results include 3.02m at 140.3g/t Au and 38.2g/t Ag and 1.05m at 55.2g/t Au and 8.6g/t Ag. The company has commenced a programme of shallow RC [...]
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